- The role will primarily focus on the strategic management and control of the business inventory , ensuring optimal stock levels for sales and production while working with the respective plants on their stock profiles
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- Apply continuous improvement principles to inventory management policies and procedures aligned with the business requirements.
- Measure and drive performance improvement in key operational and profitability metrics such as stock record accuracy (SRA) – Target 99% stock accuracy.
- Ensure inventory holding policies, procedures and processes are documented.
- Effective control of FIFO principles and practices (RM and FG).
- Review and audit inventory master data accuracy.
- Report and escalate slow moving stock and ensure action (sell / scrap) is taken by relevant stakeholders.
- ABC/XYZ analysis and implementation
- Engage, present and gain agreement from relevant business stakeholders on inventory management strategies.
- Coordinate planning and execution of physical inventory and maintenance item counts (Cycle counts, Month end counts and year end counts)
- Establish and manage product and location specific safety stock levels.
- Provide support and guidance on the placement (location) of inventory to the Operations and Logistics team.
- Spend time in warehouses to coach on the topic, physically review and validate, clean where needed, recommend improved processes / management action.
- Conduct random audits on stock putaway & picking : 100% accuracy
- Monitor and maintain all quality restricted stock to ensure that it is not picked and dispatched to customers.
- Ensure all quality restricted stock is isolated on the floor and moved to restricted ware (Quality) in SAP.
- All such duties and/or activities assigned by management/board as and when required.
To make sure nothing is forgotten
- A min requirement of a Supply Chain degree or equivalent min 3 - 5 years relevant experience in supply chain disciplines. Computer Literacy (specifically advanced SAP ,MS Office: Excel) Your exposure stock management process redesign and written and verbal communication skills will ensure success in this role. Continuous improvement, Strong problem solving skills is a must have & Inventory management and stock management processes.